'Make in India' completes 12 years
Make in India, launched on 25 September 2014, completed 12 years, aiming to position India as a global hub for manufacturing, design and innovation. Make in India 2.0 covers 27 sectors. As of June 2026, 14 PLI schemes attracted ₹2.40 lakh crore investment and created over 14 lakh jobs. Manufacturing share in GVA rose from 14.6% (2022-23) to 15.6% (2025-26); non-petroleum exports reached $388.3 billion, but global share stayed ~1.7%. Key allocations: Semicon 2.0 ₹1,27,500 crore; BHAVYA ₹33,660 crore; rare-earth magnets ₹7,280 crore.
The Hindu

